Climate Change and Emissions Management (CCEMC) Corporation

Climate Change and Emissions Management (CCEMC) Corporation

June 16, 2010 11:00 ET

Climate Change and Emissions Management (CCEMC) Corporation Announces $37.5 Million in Funding for Renewable Energy Projects

EDMONTON, ALBERTA--(Marketwire - June 15, 2010) - The Climate Change and Emissions Management (CCMEC) Corporation is funding five renewable energy projects, totalling more than $37.5 million.

"These renewable energy projects are important investments that help diversify Alberta's energy base, reduce emissions, and support a growing green economy," said CCEMC Chair Eric Newell. "These projects will reach people in Alberta's cities, in our towns and in our rural communities. They demonstrate that Canada has the capacity and the commitment to develop clean technology that will help address North America's climate change challenge."

The organizations receiving CCEMC funding are:

  • Enerkem Inc., $1.8 million for reduction of greenhouse emissions through greening biofuel production and carbon dioxide utilization, from pilot plant to commercialization, in Edmonton
  • City of Medicine Hat, $3 million, for the Medicine Hat Concentrating Solar Thermal Power Project
  • ECB Enviro North America Inc., $8.2 million for Lethbridge Biogas, Biogas Cogeneration Project
  • Plasco Alberta Inc., $10 million for the Plasco Alberta Energy and Waste Conversion Project, in Red Deer County
  • Enmax Corporation, $14.5 million, for home generation

These five Alberta-based projects were selected from a total of 223 submissions received in response to the CCEMC's initial request for expressions of interest. From all submissions, 16 were selected for funding totalling $71 million. Other projects receiving funding will be announced later this month.

Project proponents must contribute at least half the funds, or one-third if government money is available for the project. 

Funding for the CCEMC comes from the Government of Alberta who collects it from industry. Since 2007, Alberta companies that annually produce more than 100,000 tonnes of greenhouse gas emissions are legally required to reduce their greenhouse gas intensity by 12 per cent. One compliance option is to pay into the Climate Change and Emissions Management Fund at $15/tonne.

The CCEMC is a not-for-profit organization whose mandate is to establish or participate in funding for initiatives that reduce greenhouse gas emissions and support adaptation. The CCEMC invests in discovery, development, and operational deployment of clean technologies.

For additional detail on the projects and contact information for funding recipients, see our backgrounder.

Contact Information

  • Climate Change and Emissions Management Corporation
    Kirk Andries
    Cell: (780) 974-9579
    www.ccemc.ca